Page 5 of Public Sector Banks

Poor asset quality of PSU banks a risk to India’s sovereign rating: Moody’s

High corporate leverage poses systemic risks if adverse growth and financial conditions pressure borrowers’ repayment capacity, Moody’s said.

April 26, 2016 11:40 IST

India best among EMs; health of PSBs, corporates a worry: IMF

IMF’s financial counselor Jose Vinals said that India is the best placed among emerging markets, but underlined that it has…

March 10, 2016 17:16 IST

‘High capital needs may hit PSBs’ growth, profitability in FY17’

Most public sector banks are likely to face pressure in terms of growth and profitability during FY17 owing to their…

Updated: February 2, 2016 02:21 IST

PSBs must gear up to handle a big market

With increasing emphasis on ‘Make in India’, public sector banks should be prepared to support a market growing organically

Updated: December 4, 2015 09:06 IST

Hasmukh Adhia, hasmukh adhia revenue secretary, revenue secretory hasmukh adhia,

PSBs don’t need to go to market in distress: Hasmukh Adhia

Hasmukh Adhia said that the finance ministry is working to strengthen fraud detection processes at PSBs.

August 19, 2015 07:08 IST

Centre unveils public sector banks revamp road map

The government on Friday unveiled a seven-point revamp agenda for public sector banks with worrisome levels of stressed assets, the…

Updated: August 15, 2015 01:28 IST

Public sector banks to get Rs 20,088 cr capital in a month

The government on Friday said R20,088 crore of capital would be infused in 13 public sector banks (PSBs) in a…

August 15, 2015 01:01 IST

India expects state banks to raise $12.3 bn to boost balance sheets

The Indian government expects public sector banks would be able to raise 800 billion rupees ($12.31 billion) from the markets…

August 14, 2015 18:16 IST

Govt seeks to give PSBs a Rs 70,000-crore lifeline in next 4 years

The government’s current proposal is to infuse Rs 25,000 crore each in this fiscal and the next (the PJ Nayak…

Updated: August 1, 2015 15:45 IST

Tax payers need to know how PSBs write-off bad loans: HC

According to information procured by RTI activist, Sanjay Shirodkar, around 14 PSUs such as SAIL, Coal India, and ONGC had…

June 24, 2015 08:19 IST

PSUs, Central depts to get Rs 1 cr per MW to set up solar units

The projects have to be implemented by 2017 and the PSUs and ministries would be free to use the power…

June 16, 2015 11:02 IST

FM Arun Jaitley admits public sector banks’ funds constraint

Public sector banks (PSB) that were, as per the latest Union Budget, to get fresh capital of R7,940 crore from…

June 13, 2015 01:06 IST

Banking on a better tomorrow: Public sector banks scout for a survival kit

With private sector banks leading in fees, retail loans, savings and current accounts, public sector banks have a tough fight…

Updated: June 8, 2015 01:16 IST

Keeping fingers crossed on bad loans: Arun Jaitley

Arun Jaitley said it was important to expedite the recapitalisation of PSBs.

May 23, 2015 01:46 IST

7 PSBs get finmin nod to raise funds from markets

Govt has limited fiscal space to recapitalise banks, says secretary

March 12, 2015 01:51 IST

Narendra Modi, Narendra Modi govt, narendra modi private sector banks, public sector banks, private sector banks

Narendra Modi govt signals private-sector bosses could run PSU banks

PM Narendra Modi government, which is seeking new chief executives for five state-run banks that are currently without a permanent…

February 26, 2015 20:39 IST

Govt committed to work for betterment of every citizen: Arun Jaitley

Expressing happiness over the conclusion of 10th bipartite wage negotiations between Public Sector Banks…

February 24, 2015 16:14 IST

PSBs generate Rs 21,700 cr bad loans in three months

Rising NPAs: 11.6% of loan portfolios are considered stressed assets.

February 22, 2015 08:25 IST

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Who was Emman Atienza aka Emmanuelle? TikTok star dies at 19 in Los Angeles

World News4 min ago

Kim Atienza’s 19-year-old daughter, Emman Atienza, passed away in Los Angeles. Her family shared a statement on Instagram, remembering her for bringing joy and love into their lives and being an advocate for mental health. Emman was known for her authenticity and making others feel seen and heard. She was a rising star on TikTok and a social media influencer for young internet users.

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